Steel Dynamics Q3 2025 net income $404M, adjusted EBITDA $664M, record steel shipments

STEEL DYNAMICS INC

2025-Q3 EPS reported $6.17 revenue$13,762,533,000

Record steel shipments of 3.6 million tons in Q3 2025, up sequentially.
Net sales of $4.8 billion, operating income $508 million, net income $404 million.
Adjusted EBITDA of $664 million and cash flow from operations of $723 million.
Share repurchases of $210 million (1.1% of outstanding shares); liquidity over $2.2 billion.
Successful production and qualification of aluminum flat rolled products for industrial, beverage can, and automotive sectors.

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